The US Securities and Exchange Commission (SEC) plans to issue its climate disclosure regulations by April – six months after it had initially planned. The new rules will require companies to disclose their greenhouse gas (GHG) emissions, as well as how climate change is impacting them. Large companies will also have to disclose Scope 3 (indirect) emissions estimates throughout their supply chains, garnering criticism from some businesses, particularly those in the food and agriculture sectors. In the same month, the agency plans to propose new rules that will force companies to disclose more detailed information about their employees.
The SEC is looking to issue climate disclosure regulations by April, after initially eyeing October 2022.https://t.co/C9CEFSBRsW
— Bloomberg Law: Environment (@environment) January 5, 2023